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DEPOSIT GUARANTY NATIONAL BANK v. PRUDENTIAL INSURANCE COMPANY OF AMERICA

No. 44200.

195 So.2d 506 (1967)

DEPOSIT GUARANTY NATIONAL BANK OF JACKSON, Mississippi, Trustee of the Louis B. Brummett Family Trust U/A Dated July 21, 1960, v. The PRUDENTIAL INSURANCE COMPANY OF AMERICA.

Supreme Court of Mississippi.

February 20, 1967.

Attorney(s) appearing for the Case

Henley, Jones & Henley, Jackson, for appellant.

Wells, Thomas & Wells, W. Calvin Wells, Jr., Jackson, for appellee.

INZER, Justice.

This is an appeal by Deposit Guaranty National Bank, as trustee, from a judgment of the Circuit Court of the First Judicial District of Hinds County, Mississippi, wherein it was held that a policy of life insurance issued by The Prudential Insurance Company of America had lapsed on account of nonpayment of insured's premium. Deposit Guaranty National Bank, appellant, brought suit in its capacity as trustee of the Louis B. Brummett Family Trust to recover...

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